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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by arpagon29on May 07, 2010 7:51am
436 Views
Post# 17073290

RE: yet another drop if

RE: yet another drop ifFelex51,

Your comment lack logic and coherence....

First you came out and implied that you had information that stated that the result were not good, and that the stock would drop because of that ... (You never proven does allegations by the way...) 

Then, to try to strengthen your statement, you mentioned that the value of the Company would not be in the diamonds play  but the copper play.. (that was out of left field ..)

Then, after the market loss even more value, clearly because of general correction in the market, you come back and once again state that the stock value would drop by even larger percentage if the result were not exceptional....

How much lower..., base on yesterday close, the market is now evaluating the company at less then 500,000 carats of resources, without taking into consideration any other projects...

In my humble opinion, present market conditions are the result of, buyer that are simply waiting for the results before committing funds to Afri-Can and that the situation is made worse by sellers that want to get out now because they are afraid of the markets, Greece, the Euro, the results, and who knows what... so they simply sell on the bid...

My guess about you Felex51 is that you have already sold your shares, if you ever had any....So the real questions is then why are you still posting and bashing the story... To get shares cheaper or are you a nut job like luckeme1 with no shares in AFA BUT A SERIOUS GRUDGE  against the Company...

Now lets just look at the fact for once...

Fact A, no information on the result of the sample are available as of today.

Fact B, the Company has stated that they would issue one update around the half way mark of the program, therefore, the only thing that is out there are conjuncture and tea leaves reading done by investors, and they have seem to have been able to scare themselves silly..

Fact C, Before the start of the program, the only thing that we knew has investors was that the Company had declared a potential diamond resource on block J, not and inferred resources, a potential...

Fact D, once the program will be over, the Company will declared a 43-101 resources on the Block J...

Therefore, only once we have official information from the Company will we have have a real idea about the way of the sampling program, in the mean time,  what we are seeing in the market is simply called speculation, with the bears winning over the bulls...

I for once I am long and I am not worried about what is going on... That does not mean that I am happy... just not worried,,,

So for once come clean and tell us the reason for your comments...


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